Toyota will not furlough its direct employees, but has asked its hourly plant employees to take two days out of the 10 day extension as paid time off or they can go without pay if they don't have accrued leave.

Toyota has extended the halt due to the ongoing COVID-19 pandemic & decline in vehicle demand

Highlights

Toyota plans to reopen its North American auto plants on May 4

It has asked its hourly plant employees to take 2 days pay cut

Toyota is releasing 5,000 temporary workers back to their agencies

Toyota Motor Corp said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks.

The Japanese automaker cited the ongoing COVID-19 pandemic and decline in vehicle demand to extend the halt of production at all of its automobile and components plants in Canada, Mexico and the United States.

Toyota will not furlough its direct employees, but has asked its hourly plant employees to take two days out of the 10 day extension as paid time off or they can go without pay if they don't have accrued leave.

For Toyota's 5,000 workers provided by outside agencies, Toyota is releasing those workers back to their agencies. Toyota will continue to pay the benefits of those workers for the time being, and they may be eligible for unemployment.

On Tuesday, Honda Motor Co and Nissan Motor Co on Tuesday said they had furloughed thousands of workers at their U.S. operations as the coronavirus pandemic slashes demand for cars in the country.

A spokesman for Honda, which employs about 18,400 workers at plants in Alabama, Indiana and Ohio, said the Japanese automaker would guarantee salaries through Sunday, having suspended operations on March 23. The plants will be closed through May 1.

Nissan said it was temporarily laying off about 10,000 U.S. hourly workers effective April 6. It has suspended operations at its U.S. manufacturing facilities through late April due to the impact of the outbreak.

Automakers are facing a dramatic drop in sales in the United States, the world's second-largest car market, after some states barred dealers from selling new cars while "stay-at-home" orders are in place. Fiat Chrysler Automobiles NV on Monday extended its shutdown of U.S. and Canadian plants until May 4.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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In the present Covid-19 situation, are you planning to buy a personal vehicle, considering the need for a private vehicle?

Planning to buy a new car
Planning to buy a used car
Planning to buy a bike
I already have a personal vehicle, but would have considered buying if didnt have one

Please enter the name of brand and model name that you are planning to purchase

When are you planning to purchase the vehicle?

Within 1 month after the lockdown ends
Within 3 months after the lockdown ends
Within 6 months after the lockdown ends
After 6 months of the lockdown ends

Which of the following best describes the new vehicle you plan to purchase?

This is my first purchase
This is an extra car in the family
I am planning to move from two-wheeler to car
I am planning to exchange the old car

Has Covid-19 scenario affected your budget, compared to what you would have gone for in normal situation?

My budget has reduced
My budget remains same
My budget has increased

With many car brands offering option to purchase online, are you willing to avail the option?

Yes, I will buy completely online without visiting dealership
I think visiting dealership is necessary, and would not buy online
I am waiting to know the experience of other customers before deciding the same for me

Please enter the name of brand and model name of the Used car that you are planning to purchase

When are you planning to purchase the vehicle?

Within 1 month after the lockdown ends
Within 3 months after the lockdown ends
Within 6 months after the lockdown ends
After 6 months of the lockdown ends

Which of the following best describes the new vehicle you plan to purchase?

This is my first purchase
This is an extra car in the family
I am planning to move from two-wheeler to car
I am planning to exchange the old car

Has Covid-19 scenario affected your budget, compared to what you would have gone for in normal situation?

My budget has reduced
My budget remains same
My budget has increased

Which of the following information available online will help build trust before you purchase a used
vehicle?

Detailed car inspection report
Videos of the actual cars (to show complete view of the car)
Certification by the organised sellers
Only self-physical inspection will help in building trust

Please enter the name of brand and model name of the bike that you are planning to purchase

When are you planning to purchase the vehicle?

Within 1 month after the lockdown ends
Within 3 months after the lockdown ends
Within 6 months after the lockdown ends
After 6 months of the lockdown ends

Which of the following best describes the new vehicle you plan to purchase?

This is my first purchase
This is an extra bike in the family
I am planning to move from car to two-wheeler
I am planning to exchange the old bike

Has Covid-19 scenario affected your budget, compared to what you would have gone for in normal situation?

My budget has reduced
My budget remains same
My budget has increased

With many car brands offering option to purchase online, are you willing to avail the option?

Yes, I will buy completely online without visiting dealership
I think visiting dealership is necessary, and would not buy online
I am waiting to know the experience of other customers before deciding the same for me

Please enter the type, name of brand and model name that you already have

Car
Bike

Considering the after-effects of lockdown, what describes your opinion about the trend that would
be seen in Automobile industry?

Demand of new cars will go up
Demand of used cars will go up
Demand of Bikes would go up
People will buy vehicles as before

With many car brands offering option to purchase online, do you feel people purchasing new
vehicles will be willing to avail the option?

Yes, people will start buying online without visiting dealership
No, I think visiting dealership is necessary, and people would not buy online
Maybe, People would wait to know the experience of other customers before purchasing online

When do will feel people will resume to normal buying of the vehicles after lockdown?

Within 1 month after the lockdown ends
Within 3 months after the lockdown ends
Within 6 months after the lockdown ends
After 6 months of the lockdown ends

Personal Information

Marital Status?

Married
Single

1/4

Results

Planning to buy a new car

18%

Planning to buy a used car

28%

Planning to buy a bike

33%

I already have a personal vehicle, but would have considered buying if didnt have one